Investing in an Improved Russia

Fund manager Mattias Westman, whose Russian Prosperity Fund is garnering huge returns, thinks U.S. money managers should take note

Representatives from the Tacoma (Wash.) Russell 20-20 Association -- among the world's largest groups of pension and investment advisers -- are scheduled to arrive in Russia on May 12 for a very special visit. The nonprofit Russell 20-20 was founded by Tacoma investment manager George Russell Jr., after the fall of the Berlin Wall in 1989 as a vehicle for top financial companies to explore the investment climates in emerging-market countries. Representatives from GE Asset Management, State Street Global Advisors, and Lazard Asset Management, among others, will meet with Russian political and business leaders in Moscow, including Finance Minister Alexei Kudrin.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.